Immuno-Biological Laboratories Co (TSE:4570) ROE %: 21.42% (As of Mar. 2026)


TSE:4570 Immuno-Biological Laboratories Co Ltd TSE:4570
59 GF Score
Price 円969.00
GF Value 円576.66
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Immuno-Biological Laboratories Co ROE %?

Immuno-Biological Laboratories Co TSE:4570 -2.02% 59 ROE % is 21.42% as of Mar. 2026. GuruFocus rates TSE:4570 with a GF Score™ of 59/100 and a GF Value™ of 円576.66 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,252 Biotechnology companies, Immuno-Biological Laboratories Co ranks better than 92.49% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Immuno-Biological Laboratories Co's annualized net income for the quarter that ended in Mar. 2026 was 円375 Mil. Immuno-Biological Laboratories Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円1,750 Mil. Therefore, Immuno-Biological Laboratories Co's annualized ROE % for the quarter that ended in Mar. 2026 was 21.42%.

The historical rank and industry rank for Immuno-Biological Laboratories Co's ROE % or its related term are showing as below:

TSE:4570' s ROE % Range Over the Past 10 Years
Min: -101.48   Med: -12.65   Max: 19.69
Current: 19.69

During the past 13 years, Immuno-Biological Laboratories Co's highest ROE % was 19.69%. The lowest was -101.48%. And the median was -12.65%.

TSE:4570's ROE % is ranked better than
92.49% of 1252 companies
in the Biotechnology industry
Industry Median: -38.145 vs TSE:4570: 19.69

Immuno-Biological Laboratories Co  (TSE:4570) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=374.782/1749.6785
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(374.782 / 1038.996)*(1038.996 / 2060.4325)*(2060.4325 / 1749.6785)
=Net Margin %*Asset Turnover*Equity Multiplier
=36.07 %*0.5043*1.1776
=ROA %*Equity Multiplier
=18.19 %*1.1776
=21.42 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=374.782/1749.6785
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (374.782 / 301.44) * (301.44 / 278.316) * (278.316 / 1038.996) * (1038.996 / 2060.4325) * (2060.4325 / 1749.6785)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.2433 * 1.0831 * 26.79 % * 0.5043 * 1.1776
=21.42 %

Note: The net income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Immuno-Biological Laboratories Co ROE % Related Terms


Immuno-Biological Laboratories Co ROE % Historical Data

* Premium members only.

The historical data trend for Immuno-Biological Laboratories Co's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Immuno-Biological Laboratories Co ROE % Chart

Immuno-Biological Laboratories Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.26 -23.68 15.93 17.92 19.60

Immuno-Biological Laboratories Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.97 10.99 24.91 17.87 21.42

TSE:4570 vs VRTX, REGN, ALNY: ROE % Comparison

For the Biotechnology subindustry, Immuno-Biological Laboratories Co's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Immuno-Biological Laboratories Co ROE % vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Immuno-Biological Laboratories Co's ROE % distribution charts can be found below:

* The bar in red indicates where Immuno-Biological Laboratories Co's ROE % falls into.


TSE:4570
59GF Score
Immuno-Biological Laboratories Co Ltd TSE:4570
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Immuno-Biological Laboratories Co ROE % Calculation

Immuno-Biological Laboratories Co's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=329.015/( (1514.359+1843.374)/ 2 )
=329.015/1678.8665
=19.60 %

Immuno-Biological Laboratories Co's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=374.782/( (1655.983+1843.374)/ 2 )
=374.782/1749.6785
=21.42 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 21.42% mean?
Immuno-Biological Laboratories Co (TSE:4570) has a ROE % of 21.42% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Immuno-Biological Laboratories Co and its competitors. According to the industry distribution chart, Immuno-Biological Laboratories Co ranks #94 out of 1252 companies in the Biotechnology industry, placing it in the top 7.5%.
Is Immuno-Biological Laboratories Co's ROE % too high?
Immuno-Biological Laboratories Co's current ROE % is 21.42%. Based on the distribution chart, Immuno-Biological Laboratories Co ranks #94 out of 1252 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Immuno-Biological Laboratories Co has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Immuno-Biological Laboratories Co's ROE % compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Immuno-Biological Laboratories Co ranks #94 out of 1252 companies for ROE %. This places Immuno-Biological Laboratories Co in the top 8% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Biotechnology company?
A good ROE % depends on the Biotechnology industry context. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Immuno-Biological Laboratories Co and its competitors. Immuno-Biological Laboratories Co's current ROE % is 21.42%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Immuno-Biological Laboratories Co stock overvalued right now?
Based on GuruFocus' analysis, Immuno-Biological Laboratories Co (TSE:4570) is currently considered Significantly Overvalued. The stock's GF Value™ is 円576.66, compared to a current price of 円969.00 — trading 68% above its estimated fair value. The current ROE % is 21.42%. Immuno-Biological Laboratories Co's overall GF Score™ is 59/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Immuno-Biological Laboratories Co (TSE:4570), the current ROE % is 21.42% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Immuno-Biological Laboratories Co (TSE:4570) Overvalued in 2026?

Based on GuruFocus' analysis, Immuno-Biological Laboratories Co stock appears to be overvalued. The current stock price of 円969.00 is trading 68% above its estimated GF Value™ of 円576.66. GuruFocus considers Immuno-Biological Laboratories Co to be Significantly Overvalued.

Key valuation signals for TSE:4570:

  • ROE %: 21.42%
  • GF Value™: 円576.66 vs. price of 円969.00 (68% above fair value)
  • GF Score™: 59/100 with 2 warning signs

No single metric tells the full story. See the TSE:4570 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Immuno-Biological Laboratories Co Business Description

Address 1091-1 Naka Aza-Higashida, Gunma, Fujioka, JPN, 375-0005
Immuno-Biological Laboratories Co Ltd focuses on research and development. It researches, develops, manufacture and supplies various immunological research reagents, and customized services. It is engaged in research and development of materials used in diagnostic products and valuable seeds and technology for protein production using transgenic silkworm cocoons, which make it possible to create valuable proteins as well as antibodies. It works on clinical reagents for cancer research. Its research scientists are producing inflammatory cytokines, growth factors & antibodies for use against these cancers.
59GF Score

Get the complete analysis for TSE:4570

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円969.00
Price
円576.66
GF Value